Ymagis Société Anonyme announced audited financial results for the half year ended June 30, 2018. For the period, the company reported revenues of EUR 79.3 million against EUR 82.4 million for the same period a year ago, due to the particularly seasonal nature of CinemaNext's and Eclair's activities. EBITDA was EUR 15.8 million against EUR 20.0 million for the same period a year ago. Recurring operating income was EUR 1.6 million against EUR 2.4 million for the same period a year ago. EBIT was EUR 1.6 million against EUR 2.4 million for the same period a year ago, this is notably down to a negative contribution of €0.6M from the new activities (EclairColor, EclairGame and virtual reality), which remain cost centres until the second half of 2018. LBT was EUR 1.3 million against EBT EUR 0.1 million for the same period a year ago. Net loss, group share was EUR 2.0 million against EUR 2.1 million for the same period a year ago.

For the year 2018, the company remains confident in its ability to achieve its annual target to see the reduction in its VPF revenue compensated by the organic growth of its technological activities.